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Mandela is Aurora’s likely scapegoat

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Zondwa Mandela is likely to be the fall guy for the Aurora debacle as the company faces an inquiry to determine whether there are grounds for fraud and theft charges.

High hopes for R17bn Swaziland rail

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There's a lot of excitement about the first new freight railway line to be built by SA in about a quarter of a century; Transnet SOC and SwaziRail's R17bn Lothair project.

Trans Hex ‘tying loose ends’ in Namaqua deal

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Trans Hex says it is still finalising certain aspects of its proposed takeover of De Beers' Namaqualand Mines.

Mali seeks bigger share in mines, lower taxes

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Mali is seeking to raise the state share in mining projects to 25% from 20% in a proposed revision to the West African gold producer's mining law, says an official.

Anglo, Codelco trade more blows over Sur

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Codelco has described the deal between Anglo American and Japan’s Mitsubishi over Anglo American Sur as "illegal,' following the release of the sales contract.

African Iron directors accept Exxaro offer

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African Iron's directors have formally accepted Exxaro's takeover offer, says the company.

ArcelorMittal SA primed for promotion

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Arcelormittal SA has a more-than-even chance of re-admittance to the JSE/FTSE Africa Index Top 40 when the stock exchange’s worthies pour over re-weightings.

Anglo American releases Mitsubishi contract

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Anglo American has released four documents relating to the sale of shares in Anglo American Sur to Mitsubishi, denying the contract contains any means to change the deal.

Glencore sees first executive exit post-IPO

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Glencore is set to lose one of its most senior executives, the first exit since its high-profile public offering last year, as part of a reorganisation of its upper echelons.

Amplats, Anglo fall on trading update

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ANGLO American Platinum’s shares have nosedived and dragged down parent Anglo American, following a worse-than-expected trading statement.